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GameStop Stock Bearish By 19% In The Last 5 Sessions

ViaNews Editorial Team

February 13, 2023

GameStop Stock Bearish By 19% In The Last 5 Sessions

(VIANEWS) - Shares of GameStop (NYSE: GME) slid by a staggering 19.03% in 5 sessions from $23.86 to $19.32 at 09:40 EST on Monday, after four consecutive sessions in a row of losses. NYSE is rising 0.52% to $15,910.69, following the last session's upward trend.

GameStop's last close was $19.27, 61.34% under its 52-week high of $49.85.

About GameStop

GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising licensed merchandise primarily related to the gaming, television, and movie industries, as well as pop culture themes. It operates ecommerce sites under the GameStop, EB Games, and Micromania brands; and 50 pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new releases, previews of the big titles on the horizon, and coverage of the latest developments in the gaming industry. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

Earnings Per Share

As for profitability, GameStop has a trailing twelve months EPS of $-3.31.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -33.92%.

More news about GameStop (GME).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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